Header banner
Revain logoHome Page
Mercy Godwin photo
Port Harcourt
2 Level
65 Review
159 Karma

Review on Bisq by Mercy Godwin

Revainrating 4 out of 5

Bisq is a simple decentralized cryptocurrency exchange to trade on.

Just as the emergence of cryptocurrencies have brought to the world financial freedom today as people now going to the fancy commerce which is the trading cryptocurrency, many people also have also lost a lot of fund while trying to make awesome trades but as it happens to be, they did not know how the crypto market goes and many of these people has given up already because of their loses and I also fell also while trading in my early days. This happened because I was only gambling with the market tides and I did not really know how it works untill my gambling failed and in that process I lost a good fraction of my assets but thanks to the experts who put me through, at least, I can now boast that I know some few logics about how the market tides flow and I urge you that even if you have lost a good sum of your digital assets just on the course of trading, try to get some ideas about trading to enable you do well in your trading activities. Nevertheless, in order for us not to drift far from what is supposed to be the topic of our todays review, I like to be talking about one of the cryptocurrency exchanges which as actually been operating just fine and that is; Bisq.

First of all, I will like to give just a few details about this Exchange, if you know about a decentralized cryptocurrency exchange, you would understand how this cryptocurrency Exchange operates. Bisq is described as a decentralized cryptocurrency exchange in suchlike, it is one kind of an Exchange that does not really require a lot of verifications about its users. It enables anonymous transactions as traders can carryout trade without revealing their identity. Incase you still do not understand, this Exchange is one Exchange of a kind that those not require you to provide information about yourself, therefore, it does not request for KYC(Know Your Customer) while registering for a trading account with them.

Bisq is actually an open source cryptocurrency exchange platform, that is there are no restrictions to customers who want to trade on its platform unlike many other cryptocurrency exchanges that do restricts their use to a certain group of people only. For example, many cryptocurrency exchanges are established in a particular county and lay restrictions to only its citizens to use only but in the case of this Exchange, Bisq, it is open for just any trader at all. One thing I like about this Exchange is for its cute interface as well as its simplicity, that is, it is quite easy to use and even a newbie would be able to trade efficiently on its platform.

In conclusion, I strongly recommend this Exchange and I would still advise that you check it out yourself to enable you know if it will be good for you.

Pros
  • It is easy to use.
  • It is a reliable exchange.
  • It is moderately liquid.
  • It has a nice trade view.
  • It is easily accessible.
Cons
  • None.

Similar reviews